Thanks to Bailouts, Wall Street Banks Are More Fragile than Ever

After the Lehman collapse, Wall Street learned nothing. In fact, Wall Street instead embraced Too Big to Fail which means the financial sector is more dependent on government than ever before. 

Original Article: “Thanks to Bailouts, Wall Street Banks Are More Fragile than Ever​

This Audio Mises Wire is generously sponsored by Christopher Condon. Narrated by Michael Stack.